Shopping traffic has returned back to pre-Covid levels. Lines are forming outside popular stores but their purchasing power is weakened by the cost of living crisis. The Retail Group Malaysia has lowered its retail sales growth rate estimate for the fourth quarter of 2023 to 2.1%. This is down from the 3% the group had estimated back in September. Tan Hai Hsin, Managing Director of Retail Group Malaysia shares with us his views about the retail sector.



Image credit: Shutterstock.com

Shopping traffic has returned back to pre-Covid levels. Lines are forming outside popular stores but their purchasing power is weakened by the cost of living crisis. The Retail Group Malaysia has lowered its retail sales growth rate estimate for the fourth quarter of 2023 to 2.1%. This is down from the 3% the group had estimated back in September. Tan Hai Hsin, Managing Director of Retail Group Malaysia shares with us his views about the&nbsp;retail&nbsp;sector.Image credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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